APC 2014 Annual Report Download - page 28

1OVERVIEW OF THE GROUP’S STRATEGY, MARKETS AND BUSINESSES
COMPANY HISTORY AND DEVELOPMENT
With the acquisition of Telvent in2011, a Spanish software
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single-phase and three-phase UPS with operations on all
company with a strong presence in North America, we became continents and USD2.5billion in revenue.
the leader in ADMS, advanced Distribution Management We expanded our operations in new economies with the
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System, supporting the monitoring and management of large acquisition of UPS manufacturer Microsol Tecnologia in Brazil
electrical distribution networks. in2009 and the acquisition of APW in India in2011.
Developing a global leader in Industrial
In2011, we broadened our portfolio with cooling offers from
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Uniflair, data center services from Lee Technologies and backup
power storage from Luminous.
AutomationandControl
Creating a major player in Building
We were a long time leader in discrete automation through our
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Telemecanique brand.
Automation&Security
We reinforced our Industrial Automation&Control portfolio with
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Citect in2006, RAM Industries in2008, Cimac and SCADA As the result of several acquisitions, TAC in2003, Andover
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group in2010 and Leader&Harvest in2011. Controls in2004 and Invensys Building Systems in2005, we
In January2014, we closed the acquisition of Invensys plc. This
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became a major player in building automation.
strategic move allows us to enter the process automation world We entered the video security market in2007 with the
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and reinforces our global position in integrated industrial acquisition of Pelco.
automation and electro-intensive segments. In recent years we have further developed our operations in
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Building a global leader in Critical Power
mature countries, in particular through the acquisition of two
pioneering French companies in December2010: Vizelia, a
provider of software that monitors the energy consumption of
We identified Critical Power as a key technology for our portfolio
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buildings in real time, and D5X, a specialist in solutions
and regained majority control of MGE UPS in2004. optimizing the use of commercial buildings.
We became a world leader with the acquisition of American
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The acquisitions of Summit Energy (2011) and M&C Energy
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Power Conversion (APC) in2007, the US-based world leader in group (2012) increased our expertise in energy procurement
services.
Recent external growth 4.3
In 2014, Schneider Electric optimized its offer portfolio through one shareholding of circa. 30% of CST. The disposal is consistent
acquisition and two disposals. with the Group's practice to regularly review its strategic
portfolio and focus on energy management and efficiency
In June2014, Schneider Electric announced the sale of the
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technologies, integrating complementary power and automation
Invensys Appliance division, which is renamed Robertshaw offerings. CST had limited synergies with other businesses of
Controls Company, to an affiliate of Sun European Partners, Schneider Electric.
LLP. The disposal follows a strategic review of the Appliance In August2014, Schneider Electric announced it has signed an
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division that concluded the unit is not a core business to agreement to acquire Günsan Elektrik, the second largest player
Schneider Electric. in wiring device accessories serving residential and commercial
In October2014, Schneider Electric announced the sale of the
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buildings markets in Turkey. Günsan Elektrik will bring to
entire shareholding in Custom Sensors & Technologies («CST») Schneider Electric a well recognized brand, a diffused local
to private equity groups The Carlyle group and PAI Partners. distributor network and a competitive manufacturing base in
Schneider Electric has reinvested approximately $100m Turkey. It will complement Schneider Electric’s premium
alongside Carlyle, PAI and CST management to own a offerings with a strong mid-market product range.
26 2014 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC